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Iroko Zen Car Showroom Deal Shows No Letup In Dublin Demand From SCPIs
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Iroko Zen Car Showroom Deal Shows No Letup In Dublin Demand From SCPIs
French Société Civile de Placement Immobilier fund Iroko Zen has acquired the Bright Motor Campus and Unit 4, Airside Motorpark car showrooms in Swords, County Dublin, for €24.5M in an off-market sale-and-leaseback transaction. It is the latest deal for a French SCPI, which has become a major source of international capital in Ireland. Bright Motor Campus comprises four car showroom buildings totalling a combined 55K SF, and Bright Motor Group w…
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